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SF Holding's net profit fell 4.6% in 2018



SF Holding, China's giant, said the net profit for 2018 announced on Wednesday was 4.57% year-on-year, with rising costs and expansion of new businesses.

Net profit attributable to shareholders at 4.56 billion yuan (680 million dollars), SF Holding said in the 2018 budget results in the Shenzhen Stock Exchange.

In addition to the rising cost, SF Holding has also expanded services diversified services related to the demand of the market.

At the same time, revenues increased by 27.6% in 90.9 million yuan annually, thanks to the rapid growth of its traditional and new businesses to meet customers' demands.


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